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Israel strikes Iran: Dow drops 600 points, oil prices soar

Posted

June 13, 2025

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Israel's strike on Iran sent the U.S. stock market sliding on Friday.

The Dow Jones Industrial Average dropped 600 points as oil prices spiked. The S&P 500 and the Nasdaq both fell by more than 0.5%.

Meanwhile, the strongest action was in the oil market, where the price of a barrel of benchmark U.S. crude jumped 6.2% to $72.22. Brent crude, the international standard, rose 5.9% to $73.44 for a barrel.

LiveNOW's Mike Pache spoke about the impact on the stock market with Barron's senior writer Martin Baccardax.

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Israel strikes IranThe SPLiveNOW's Mike PacheMartin Baccardax SubscribeFOX WhereFOX FollowTwitter RawExperience LiveNOW

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Israel strikes Iran: Dow drops 600 points, oil prices soar · Livenow From Fox · Sentinel